Author: A Ebrahim

You have known where your money is going by making lists of expenditures and making a budget. Are you happy that you are getting the right value/pleasure/satisfaction by looking at how you are spending your money? List down your goals/objectives that you would like to achieve in a months time, after a year, and in … Continue reading After know where you money is going. . . Part Two

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Financial planning is all about knowing where your money is going, and what does it do for you. First, you need to draw a budget. How to draw a simple budget? List down all the places/things/people on which you spend your money. Such as mortgage, rent, education (for yourself, spouse, children, or community welfare), food, … Continue reading Have you ever wondered where is my money gone? Part One

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Insurance is all about minimizing the financial consequence of a risk that materializes. Insurance transfer the financial consequence of a loss one suffers to an Insurance company for a relatively small amount of money known as premiums which are paid to the Insurance company. The Insurance company maintains a fund from all the people who … Continue reading Why do we need Insurance?